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Asked on 12/04/07
Joined this site for a sounding board what do you guys think about qedc?
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Based on my own amateur analysis i think these guys are about to really move. I am a novice trader by my own admission but the charts look good as well as the recent analyst coverage. Any opinions?
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Answer (1)
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John
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Answered on 01/05/08
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This appears to be a pump and dump. They are usually scams. See http://800notes.com/Phone.aspx/1-888-541-4729
They pump up the price and dump the stock they own, and the company never goes anywhere. Every once in a while one of these small companies goes up and becomes a real company as long as you understand and want to take a chance ok - but the last one holding the bag(stock) gets the air. Sometimes they will do it two or three times and you can make a lot of money if you time it right.
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